Coinbase Launches 24/7 Gold and Silver Futures Trading on June 13

XAU-0.55%
XAG-1.10%

According to Coinbase official announcement, on June 13, Coinbase launched 24/7 trading for gold and silver futures in the U.S. through its Derivatives Exchange. The contracts include one troy ounce of gold and 50 troy ounces of silver. Eligible traders can access the products via participating brokers, including Interactive Brokers and NinjaTrader.

Coinbase CEO Brian Armstrong called the launch a "natural extension of crypto's trading culture, where markets never close," highlighting how continuous trading enables efficient price discovery and greater flexibility for risk management. The move removes traditional commodity markets' restricted trading hours limitation, allowing traders to react to economic events and geopolitical developments around the clock, including weekends and holidays.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments